Community Foundation of Grant County Indiana Inc

Analysis

Community Foundation of Grant County Indiana Inc is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Foundation of Grant County Indiana Inc reported income of $1.7m and spending of $2.1m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $1.7m (-70%), an average of -26% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Grant County Indiana Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Warren County Community Foundation Inc ($1.7m), Johns Island Foundation Inc ($1.7m) and Muddy Paws Rescue ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $207k (9.9% of expenses). Other salaries and wages came to $133k. At year end it held assets of $30.1m against liabilities of $2.2m, net assets of $28.0m. It reported 11 employees.